Tessa Lee explains what clients are looking for from digital tech and how advisers/wealth managers can deliver against it
Recent research we conducted with Compeer revealed that more than half of investors with £1m or more of investible assets want improvements to digital servicing capabilities offered by their wealth manager or adviser. Of these, two-thirds said they would be likely to look for another provider if things do not get better. And they are not averse to switching as 65% of surveyed investors had switched wealth management provider in the last five years. More generally, this is a compelling reminder that wealth managers and financial planning firms need to continually sharpen their offering...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes